PART III

PART III

PAWNBROKERS ACT, 1964 | Legislation
PAWNBROKERS ACT, 1964 | Legislation

PART IIIPawning, Redemption and Sale of Pledges

SECTION 14

Pawn-tickets.

14.—(1) A pawnbroker shall on taking a pledge in pawn give to the pawner a pawn-ticket and shall not take a pledge in pawn unless the pawner takes a pawn-ticket.

(2) A pawn-ticket shall contain the particulars set out in the appropriate form in Part I or Part II of the Third Schedule.

(3) A pawnbroker who fails to comply with any requirement of this section shall be guilty of an offence.

SECTION 15

Special contracts and special contract pawn-tickets.

15.—(1) Notwithstanding anything in this Act, a pawnbroker may make a special contract with a pawner in respect of a pledge on which the pawnbroker makes a loan of more than ten pounds.

(2) (a) Where a pawnbroker makes a special contract with a pawner, he shall at the time of the pawning give to the pawner a special contract pawn-ticket which shall contain the particulars set out in Part III of the Third Schedule and shall be signed by the pawnbroker.

(b) A pawnbroker shall not take a pledge in pawn under a special contract under this section unless the

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